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Israel Englander Millennium Management

AUM $276B
1-Year Est. Return 44.8%
 

Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.

This Fund
S&P 500
This Quarter Est. Return
+10.16%
1 Year Est. Return
+44.8%
3 Year Est. Return
+127.22%
5 Year Est. Return
+155.52%
10 Year Est. Return
+768.06%
AUM
$31.1B
AUM Growth
-$1.57B
Cap. Flow
-$3.75B
Cap. Flow %
-12.06%
Top 10 Hldgs %
21.71%
Holding
3,899
New
955
Increased
1,173
Reduced
1,073
Closed
642

Sector Composition

Rank Sector Weight
1 Energy 11.48%
2 Healthcare 8.5%
3 Consumer Discretionary 7.28%
4 Utilities 6.71%
5 Financials 6.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
DWSN icon
3176
Dawson Geophysical
DWSN
$106M
$105K ﹤0.01%
+4,678
New +$114K
TEU
3177
DELISTED
BOX SHIPS INCORPORATED SHS (MARSHALL ISLANDS)
TEU
$102K ﹤0.01%
+25,000
New +$101K
MRCY icon
3178
Mercury Systems
MRCY
$5.38B
$101K ﹤0.01%
+10,126
New +$96K
QNST icon
3179
QuinStreet
QNST
$1.18B
$100K ﹤0.01%
10,633
-13,351
-56% -$123K
BGMS
3180
Bio Green Med Solution Inc
BGMS
$5.77M
0
NWY
3181
DELISTED
New York & Co Inc
NWY
$99K ﹤0.01%
17,142
-12,472
-42% -$72.8K
ACHN
3182
DELISTED
Achillion Pharmaceuticals
ACHN
$91K ﹤0.01%
30,165
+10,165
+51% +$69.7K
PLXT
3183
DELISTED
PLX TECHNOLOGY INC
PLXT
$91K ﹤0.01%
+15,086
New +$82.3K
MRGE
3184
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
$91K ﹤0.01%
34,997
-96,765
-73% -$324K
AEG icon
3185
Aegon
AEG
$13.6B
$90K ﹤0.01%
+17,961
New +$91.7K
HBAN icon
3186
Huntington Bancshares
HBAN
$34.4B
$86K ﹤0.01%
10,400
-697,846
-99% -$5.89M
MFG icon
3187
Mizuho Financial
MFG
$124B
$83K ﹤0.01%
+19,313
New +$82.7K
RXII
3188
DELISTED
GALENA BIOPHARMA INC COM
RXII
$81K ﹤0.01%
35,422
+17,076
+93% +$39K
ACG
3189
DELISTED
AllianceBernstein Income Fund Inc
ACG
$79K ﹤0.01%
+11,201
New +$79.3K
BEBE
3190
DELISTED
Bebe Stores Inc
BEBE
$78K ﹤0.01%
1,289
-6
-0.5% -$349
GLDD
3191
DELISTED
Great Lakes Dredge & Dock
GLDD
$77K ﹤0.01%
10,425
-31,948
-75% -$237K
MITK icon
3192
Mitek Systems
MITK
$806M
$77K ﹤0.01%
+14,899
New +$81.3K
ARQL
3193
DELISTED
Arqule Inc
ARQL
$76K ﹤0.01%
32,823
-12,900
-28% -$32.4K
HNSN
3194
DELISTED
HANSEN MEDICAL, INC. COM NEW
HNSN
$76K ﹤0.01%
+4,263
New +$67K
NAVB
3195
DELISTED
Navidea Biopharmaceuticals Inc.
NAVB
$72K ﹤0.01%
1,361
+396
+41% +$23.1K
FXEN
3196
DELISTED
FX ENERGY INC
FXEN
$72K ﹤0.01%
21,100
-92,902
-81% -$315K
NBG
3197
DELISTED
NATIONAL BANK OF GREECE SA ADR REPSTG 1 SHARE (NEW)
NBG
$72K ﹤0.01%
+17,660
New +$67.1K
HNR
3198
DELISTED
Harvest Natural Resources
HNR
$71K ﹤0.01%
3,295
-1,058
-24% -$19.2K
TRX icon
3199
TRX Gold Corp
TRX
$396M
$70K ﹤0.01%
+27,712
New +$90.2K
PT
3200
DELISTED
PORTUGAL TELECOM SGPS, S.A.
PT
$69K ﹤0.01%
15,400
-29,065
-65% -$115K

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Israel Englander's Q3 2013 Portfolio in Review

As of Q3 2013, Israel Englander held 3,899 positions worth $31.1B, down 4.8% from $32.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Israel Englander withdrew a net $3.75B in Q3 2013, closing 642 positions and reducing 1,073 holdings. Its most notable exit was BMC SOFTWARE, INC, an estimated $60.2M position sold in full.

By sector, the portfolio is most concentrated in Energy at 11% of assets, up from 9.4% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Israel Englander opened a new position in Johnson & Johnson worth $72.5M.

  • Israel Englander's largest Q3 2013 buy was Johnson & Johnson: 836,108 shares worth $72.5M.
  • Israel Englander added most to American Electric Power in Q3 2013, an estimated $119M increase.
  • Israel Englander's biggest Q3 2013 reduction was Duke Energy, cutting an estimated $125M.
  • Israel Englander fully exited BMC SOFTWARE, INC in Q3 2013, selling an estimated $60.2M.
  • Israel Englander's ten largest holdings make up 22% of its $31.1B portfolio in Q3 2013.
  • Israel Englander opened 955 new positions and closed 642 in Q3 2013.
  • Israel Englander's portfolio value fell 4.8% quarter-over-quarter to $31.1B.

Based on Millennium Management's 13F filing for Q3 2013, filed 14 Nov 2013.